Want to join the conversation?
$KORS, which competes with $RL, said that 4Q16 GM fell 20 BP to 58.2%, which included a negative foreign currency transaction impact of approx. 100 BP. The decline in GM is mainly due to a 120 BP decline in retail GM, attributable to additional markdowns, largely offset by GM benefits related to changes in geographic and segment mix.
$DB is going to cut off services for about 3,400 clients in equities trading.
$F stock slid more than 2% after the company issued two safety recalls involving more than 650,000 Ford Fusion and Lincoln MKZ model cars.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.
$TSLA opening a showroom in Michigan. A bold move !!